The Euro (EUR) has maintained a relatively stable position in the forex markets this week, as global economic uncertainty continues to weigh on investor sentiment. Let's take a closer look at the factors influencing the performance of the Euro in the current market landscape.
Throughout the week, the Euro has shown resilience in the face of several geopolitical...
The euro, Europe's common currency, has showcased remarkable resilience amidst the prevailing headwinds of the global economy. Despite challenges stemming from geopolitical tensions and inflationary pressures, the euro has remained steadfast, bolstered by the European Central Bank's monetary policies and the region's strong economic fundamentals.
Recent...
Already running a long on this since 89.000 but if not in the trade this retrace offers another chance to enter.
Price is now at 0.618 Fibonacci and this aligns with previous structure so if this rebounds from here it is a good long entry. Target remains 92.509 as in the previous post for this pair. SL can be just below 0.786 Fib
Looking forward for a reversal in Euro / Ruble pair in a short time around low 60s levels.
Watching for a MA(14), as even 1 bar breakout can result a change of movement.
To be continue with UPDs after mid-March expiration.
Our initial target is at 80 lvl.
